304, Park Terrace
Sold prices and rental history: sold 4 times, last in May 2023, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 304, Park Terrace
What is 304 worth today?
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Source: Dubai Land Department. Updated 1 December 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 486 sqft
- Floor
- 3rd of 11
- Parking
- B1/91
- Developer
- Madison Holdingo
- Completed
- 2010
- Service charge
- AED 6,500 /yr
- Last sold
- AED 590K · May 2023
- Building
- Park Terrace
About 304, Park Terrace
304 is a one-bedroom apartment of 486 sqft on the 3rd floor of Park Terrace, a 11-storey tower in Dubai Silicon Oasis completed in 2010 by Madison Holdingo. It last sold on 31 May 2023 for AED 590,000, or AED 1,215 per sqft, 130% above the AED 528 one-beds in the building were fetching at the time.
It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 1 December 2024, is AED 80,000 a year: a gross yield of 13.6% on the 2023 price, before the service charge of about AED 6,500 a year.
Sales and rents for 304 over time
304 has sold 4 times; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Park Terrace, and where 304 sits
All 48 1-beds →304 last sold in May 2023 at AED 1,215 per sqft, 130% above what one-beds in Park Terrace were fetching at the time (AED 528). Over the last 12 months one-beds sold for AED 730,000 to 800,000, around AED 896 per sqft, and rent for AED 41,553 to 143,000 a year. 304's AED 80,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Feb 202617 February 2026 | 906 sqft | 800,000 | 883 | ||
| 19 Jan 202619 January 2026 | 804 sqft | 730,000 | 908 | ||
| 3 Jun 20253 June 2025 | 805 sqft | 646,000 | 802 | ||
| 9 May 20259 May 2025 | 906 sqft | 730,000 | 805 |
Park Terrace
Building94 apartments, studios to 3-bed over 11 floors in Dubai Silicon Oasis, completed in 2010 by Madison Holdingo. 4 sold in the last 12 months.
- Typical price per sqft
- AED 881
- Typical sale
- AED 1.04M
- Typical rent
- AED 75K /yr
- Typical yield
- 8.6%
Other units on the 3rd floor
All 94 units in Park Terrace| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 804 sqft | AED 550KAED 550,000 · Dec 2015December 2015 | 81,900 /yr | |
| 302 | Studio | 477 sqft | AED 299KAED 298,602 · Nov 2012November 2012 | 38,000 /yr | |
| 303 | 1-bed | 971 sqft | AED 608KAED 607,846 · May 2021May 2021 | 58,000 /yr | |
| 305 | Studio | 452 sqft | AED 283KAED 282,952 · Nov 2012November 2012 | 51,996 /yr | |
| 306 | 1-bed | 906 sqft | AED 645KAED 645,000 · Aug 2024August 2024 | 75,000 /yr | |
| 307 | 1-bed | 906 sqft | AED 640KAED 640,000 · Sep 2024September 2024 | 107,000 /yr | |
| 308 | 2-bed | 1,452 sqft | AED 909KAED 908,952 · Aug 2010August 2010 | 85,000 /yr | |
| 309 | 2-bed | 1,456 sqft | AED 1.28MAED 1,280,000 · Jan 2026January 2026 | 95,000 /yr | |
| 310 | 1-bed | 805 sqft | AED 504KAED 503,930 · Jul 2016July 2016 | 35,000 /yr |
304, Park Terrace in numbers
- Sold 4 times: first on 8 January 2013 for AED 607,846, last on 31 May 2023 for AED 590,000 (AED 1,215 per sqft).
- Rented since December 2022 on 3 Ejari contracts. The rent fell from AED 80,000 to AED 60,000 in 2024 and recovered to AED 80,000 by December 2024.
- At AED 80,000 a year the gross yield on the 2023 price is 13.6%, before a service charge of about AED 6,500 a year (AED 13.33 per sqft).
- One-beds in Park Terrace sold for AED 730,000–800,000 in the 12 months to November 2026; the building's median across all types is AED 881 per sqft.
Source: Dubai Land Department. Updated 1 December 2024.
Questions about 304, Park Terrace
What did unit 304 last sell for?
AED 590,000 on 31 May 2023: AED 1,215 per sqft for 486 sqft. The unit has 4 registered sales; the first was AED 607,846 in January 2013.
What is the rent for unit 304?
AED 80,000 a year on the contract signed on 1 December 2024. The previous contract, from August 2024, was AED 60,000; the unit has been rented since December 2022.
How big is unit 304?
486 sqft (45.2 sqm): a one-bedroom apartment on the 3rd floor of a 11-storey tower completed in 2010.
What is unit 304 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Park Terrace sold for AED 730,000 to 800,000 in the last 12 months, around AED 896 per sqft.
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Mortgage on 304, Park Terrace
Starts from the last sale price (AED 590K, 31 May 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 590,000
- Deposit, UAE resident (20%)
- AED 118,000
- Deposit, non-resident (40%)
- AED 236,000
- Monthly over 25 years at 3.7%
- AED 2,414
Plus AED 29,790 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →